Active
311 Madison St W
Baltimore MD, 21201
$1,199,000
$173.77 per sqft
Active
6,900 sqft
Commercial
Built in 1948
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The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property.
MDBA2118368
MLSⓇ ID
April 22, 2024
Updated
Map
311 Madison St W
Baltimore MD, 21201
Interior Features
Interior Features
Carpet, Wood
Floor Description
Carpet, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s)
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.06 Acres
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Taxes
$6,613
Tax Frequency
Annually
Days on Market
28
Garage
No
Parking
On Street
View
No
County
BALTIMORE CITY
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/22/2024 | Price Change | $1,199,000 -5% |
Listed by Christine M Oberhelman, with RE/MAX Allegiance
Listing Contact: 7032163005
The IDX display contains information sourced from the Bright MLS, Inc. as of 4/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 4/22/2024 at 10:08 PM UTC
